Summary

A total of 186 insurance M&A deals valued at $50m or more were announced between January 1, 2017 and March 31, 2020. The combined value of these deals was $367bn. The fourth quarter of 2017 saw the most activity with 22 deals, while Q1 2018 represented the quarter with the largest transaction value, exceeding $100bn. In Q1 2020, M&A transactions totaled $40bn, up 96% from the previous quarter and 116% when compared to the same quarter last year. M&A in the insurance market has mainly been driven by big data, data analytics, cloud, digital insurance providers, and insurtech. We expect these themes to continue to drive M&A activity along with artificial intelligence (AI) and the Internet of Things (IoT), which have become key areas in which insurers must strengthen.

This report provides an in-depth analysis of trends in the M&A market that will shape the insurance industry over the coming years. It looks at four different areas -

  • Thematic drivers of M&A strategy
  • How will COVID-19 impact the M&A market?
  • M&A activity in the insurance sector from Q1 2017 to Q1 2020
  • Future acquisition targets in the insurance sector




Scope

  • In 2017 there were 59 deals, totaling $117bn.
  • In 2018 there were 68 deals, totaling $152bn.
  • In 2019 deal volume fell to 47, with total deal value falling to $57bn.




Reasons To Buy

  • Identify future thematic trends in the industry.
  • Understand how competitors are investing in key themes.
  • Plan for the future to stay ahead of the competition.